Man stacking coinsYour friends compliment you about it. Some even say that they want to be like you. You know your money, and you know how to handle it. In short, people consider you frugal. You may not want to believe it, but some signs say so.

Being frugal is a good thing (just don’t go overboard, okay?). It is a testament that you know where your money should go. It may prove that you know your financial priorities. If you don’t believe that you are a frugal person, take the time to examine yourself. And while you are at it, here are some of the signs that you can use as a reference.

You are the Master of Couponing

One of the obvious signs of a person’s frugality is their penchant for discount coupons. You never miss a chance to get discount coupons when you go shopping. And what’s good about it is that you can save a lot. You are surely a big fan of deal-of-the-day websites, such as Groupon. And you even have subscribed to newsletters just to get exclusive discounts.

You Know the Value of Investing

You may have a personal banking account with American Bank & Trust in Illinois, but you just don’t save—you invest. Whether it is a life insurance policy, bonds, or stocks, you have started investing because you know the effects of inflation. And that is a good strategy!

You Improvise

To save money, you have found ways to improvise things—from repurposing your old furniture to experimenting with limited cooking ingredients. This is somehow a good thing, knowing that these actions usually lead to new and great discoveries.

These are just some of the things to keep in mind if you want to know if you are frugal. There’s nothing wrong about it—just don’t go overboard!